Social identity theory and social comparison theory are both which type of theories?
*a. explanatory
b. orienting
c. academic
d. informational
*a. explanatory
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Which of the following is referred to as the big new idea in business and marketing?
A) the emphasis on pushing products B) the focus of a business to maximize profits C) the responsibility of a business to create value D) the provision for customer-perceived benefits
Which of the following is a cost of extending credit to customers?
A. Explicit interest B. Fees paid to credit card companies C. Uncollectible accounts expense D. Lost sales
After her 18th birthday Lora may, by words or action, ratify a contract she made during the previous year
a. True b. False Indicate whether the statement is true or false
Which of the following statements is true of the Credit Card Accountability, Responsibility and Disclosure Act of 2009?
A. It strictly restricts issuing credit cards to anyone under the age of 21. B. It created the Consumer Financial Protection Bureau. C. It places caps on certain types of fees that credit card issuers can charge. D. It allows credit card issuers to raise the interest rates on existing balances soon after a purchase.